Thursday, March 27, 2008

Benefits of Buying a Home with Real Estate Agent

Orlando Regional Realtor Association surveyed buyers that used a real estate agent in purchasing a home between June 2006 and June 2007. This included both repeat buyers and first timehome buyers. There benefits and results of the survey were as follows:

  • 59% Helped buyer understand the process
  • 38% Pointed out unnoticed features & faults with the property
  • 42% Improved buyers knowledge of specific areas
  • 38% Negotiated better sales contract terms
  • 34% Shortened buyer's home search
  • 29% Negotiated a better price
  • 24% Narrowed buyer's search area
  • 19% Expanded buyers search area
  • 18% Provided better list of mortgage lenders
  • 8% None of the above
  • 35% Provided a better list of service providers